It's quite simple.

Swarcz has so many shares/warrants because shareholders such as yourself for quite a number

of years refused to pay 50 cents a share for PTSC

For 3 years the stock price langushed in the 5-10 cent range and during that period of no income (PRE JT) PTSC was funded by Swarcz who was willing to risk millions based on what he believed was strong technology. Where were you?

Had you paid 30 40 or 50 cents per share back then the conversion ratio

for the convertible preferred and related warrants would have been

1/10 what it actually became and there would be only be 150 million

shares OS instead of 400 and no money would have needed to be spent on

repurchases and our share price would be 5 instead of .50 BUT YOU DIDN"T

Want to RISK YOUR OWN MONEY and neither did anyone else.

So you only have yourself to blame.